eToro Traders

Written by Nick Zelver

Fact checked by Wikitoro Team

Updated Mar, 2024

Setting the Scene

eToro has reached a remarkable user base of over 33 million traders from more than 100 countries. This impressive figure is a testament to the platform's global reach and the growing interest in financial markets among users worldwide. The platform, accessible via both web and mobile apps, facilitates millions of trades each month, reflecting its significant role in the world of online trading.

The surge in their global client base can be attributed to the increasing allure of financial markets among users. This page is dedicated to providing comprehensive information about eToro’s traders. I have compiled a range of interesting facts, statistics, and findings from my extensive research on this topic.

The Growing User Base

As of June 30, 2023, this social investment network has reached a milestone of 33.4 million registered users. To illustrate the rapid growth of their user base, here's a graph depicting the increase in their number of users since 2008. This visual representation offers a glimpse into the platform's accelerating popularity.

The data indicates that eToro has consistently added over a million clients each year, likely driven by its rising prominence in the online trading community. This growth trajectory highlights the brands success in attracting and retaining a diverse and expanding user base.

Popular Investors: The Elite Traders

The CopyTrader function is a unique feature that allows users to observe and emulate the portfolios of seasoned traders. This capability enables users to enhance their own eToro trading strategies by leveraging the expertise of these adept individuals.

These experienced traders, known as "Popular Investors," are given the opportunity by the platform to develop a business and generate a significant revenue stream. They are compensated based on their Assets Under Copy (AUC), creating a mutually beneficial ecosystem.

*Figures as of June 30, 2023

As of June 30, 2023, the Popular Investors program on eToro boasts over 3,000 registered investors, representing 89 countries. This diverse group includes 43 investors with PhDs and 236 investors holding CISI (Chartered Institute for Securities & Investment) certifications, underscoring the high level of expertise within the community. Additionally, 581 investors in the network have a tenure of more than 5 years, indicating a strong foundation of experience and reliability.

But wait, there's more...

To provide a sense of the scale of the assets being managed, it's noteworthy that there are 10 investors on the network with over $10 million in assets under copy. This impressive figure highlights the substantial market size and the trust placed in these Popular Investors by their copiers. This aspect of eToro not only showcases the platform's ability to attract skilled traders but also its commitment to fostering a community where knowledge and success are shared.

Trader Star Colors and Their Meaning

For traders under the Popular Investor programme, their profiles are distinguished by stars, with each color representing their current level within the program. These stars serve as a quick visual indicator of a trader's status and achievements on the platform, helping users to identify and follow successful traders more easily.

Who are Top Traders on eToro?

The platform is home to numerous high-performing traders, offering a rich pool of talent for users to explore. If you're specifically looking to follow and emulate the most successful traders, this broker provides easy access to these top-tier investors.

Their profiles, marked by distinctive star colors, guide users in selecting traders who have demonstrated consistent success and expertise in their trading strategies. This feature simplifies the process of finding and learning from the best in this expansive social investment network.

How to be a Trader?

If you're interested in becoming a trader on eToro, the process is straightforward. Your first step is to create an account. This involves visiting the registration page, where you'll be prompted to enter a username, password, and your email address. Once your account is set up, the next step is to fund it, which will enable you to start investing through their platform.

End of the Line

That sums up the essential information gathered from my extensive research on eToro traders. If you're considering becoming part of this dynamic trading community, simply open an account. This will grant you access to all the platform's features, allowing you to embark on your investment journey.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice.  The value of your investments may go up or down.  Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.